385.207. 1. A business entity, prior to selling, offering,
negotiating, or soliciting a motor vehicle extended service contract with a
consumer under subdivision (6) or (7) of subsection 1 of section 385.206,
shall apply for and obtain licensure with the director as a business entity
producer in accordance with this section.

2. A business entity applying for a producer license under sections
385.200 to 385.220 shall make application to the director on an application
made available by the director and shall pay an initial and renewal
licensure fee in an amount to be determined by the director, but which
shall not exceed one hundred dollars for a business entity. All
applications shall include the name of the business entity, the business
address or addresses of the business entity, the type of ownership of the
business entity and information related to section 385.209 as required by
the director. If a business entity is a partnership or unincorporated
association, the application shall contain the name and address of every
person or corporation having a financial interest in or owning any part of
the business entity. If the business entity is a corporation, the
application shall contain the names and addresses of all officers and
directors of the corporation. If the business entity is a limited
liability company, the application shall contain the names and addresses of
all members and officers of the limited liability company, and a list of
all persons employed by the business entity and to whom it pays any salary
or commission for the sale, solicitation, negotiation, or procurement of
any motor vehicle extended service contract.

3. An individual, prior to selling, offering, negotiating, or
soliciting a motor vehicle extended service contract with a consumer under
subdivision (6) of subsection 1 of section 385.206, shall apply for and
obtain licensure with the director as an individual producer in accordance
with this section.

4. An individual applying for a producer license under sections
385.200 to 385.220 shall make application to the director on an application
made available by the director and shall pay an initial and renewal
licensure fee in an amount to be determined by the director, but which
shall not exceed twenty-five dollars for an individual producer. No
examination of an applicant under this subsection shall be required.

5. Unless licensure is refused by the director under section 385.209,
persons applying for license under this section shall be issued a producer
license for a term of two years. A producer's license shall be renewed
biennially upon application for renewal and payment of the fee. Such
license shall continue in effect unless terminated under subsection 6 of
this section, or refused, revoked, or suspended under section 385.209.

6. A producer license issued under this section, if not renewed by
the director by its expiration date, shall terminate on its expiration date
and shall not after that date authorize its holder under sections 385.200
to 385.220 to sell, offer, negotiate, or solicit motor vehicle extended
service contracts.

7. In connection with a business entity's application as a producer
and at renewal, the business entity shall provide a list to the director of
all locations in this state at which it offers motor vehicle extended
service contracts.

8. The director shall adopt rules under section 385.218 relating to
licensing and practices of persons acting as a producer under this section.